Business Innovation Made Possible Through Blockchain Project

According to Transparency Market Research, corporations will be spending $20 billion per year on blockchain technology by 2024. Blockchain has huge potential for businesses, including the ability to create additional revenue streams, build trust with their customers, and more. Unfortunately, too many great blockchain project ideas go unrealized due to a fundamental lack of coding knowledge, and this is the problem that Forkchain aims to solve.

How blockchain benefits businesses

Blockchain can benefit a business in a multitude of ways, but there are many businesses that simply don’t have a development team that would be able to create a blockchain project from scratch. Some of these benefits include:

Increased trust in businesses through enhanced security
Increased transparency in supply-chain, which can help manage inventory better
More efficient transactions resulting in an increase in profits
Ability to interact and accept cryptocurrencies
eCommerce and storefronts within the metaverse

A catalyst for innovation

Businesses that are too small to afford a development team may not have the resources to build the blockchain technology they need from the ground up. The coding required for building this type of infrastructure is an obstacle for many companies, and, therefore, many innovative projects never come to fruition.

Forkchain helps individuals and businesses who want to create their own blockchain project, but lack the coding experience necessary to realize their own aspirations. Businesses could potentially create their own projects to support their entrepreneurial development in the exact way they need. This is simply done by forking (Using similar or identical code) an existing blockchain project using Forkchain’s platform – no need for code or technology experience of any kind.

Staying in step with a fast-paced industry

The Forkchain project is still in its launch period and is focusing on bringing as many launchpads on board as possible. Simultaneously, the team is working on creating as much awareness of the project as possible, while also looking where it can add the most value.

A challenge that the Forkchain team is running into is how fast-paced the blockchain environment is. The always-changing environment requires the team to constantly evolve the project and adapt it according to the newest acquired information. Despite the challenges, the Forkchain project has raised over $3 million.

How to use Forkchain

Forkchain makes building blockchain projects easy by offering simple and easy-to-use templates for each business to personalize. These templates are based on existing blockchain projects and are “forked” from them. More templates will be released with each phase of the project. Since each blockchain has its own real-world application, each business will be able to select which blockchain and project suit its needs best.

Blockchain made easy

Forkchain has many exciting upcoming launches to the project, including easy-to-use blockchain project templates, expanding the Forkchain team, and a self-service app. As the project continues to develop and progress, it will encompass many different options for those who wish to create their own blockchain projects.

From simply launching a personalized cryptocurrency, to developing an entire decentralized application, Forkchain provides a quick and easy solution for those looking to get involved in the blockchain world.